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HUGO DEZUTTER, ARCHITECT

Active
Private limited companyfounded 199135 yrs activeMolenwal(Odk) 2, 8670 Koksijde, BelgiumKBO/BCE: BE 0444.573.071
Summary

HUGO DEZUTTER, ARCHITECT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €205k and a net result of €56k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+1
Solvency90▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.01 in 2023; short-term debt: 34.8% and cash: 32.4% of total assets), and 34.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
44 d late
2022
25 d late
2021
24 d early
2020
44 d early
2019
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€205k▲ 10.4%
2023 · €186k
2018: €93k 2019: €123k 2020: €149k 2021: €160k 2022: €154k 2023: €186k
2018 → 2024
Total assets
€315k▲ 13.5%
2023 · €277k
2018: €103k 2019: €134k 2020: €198k 2021: €199k 2022: €206k 2023: €277k
2018 → 2024
Net result
€56k▲ 18.6%
2023 · €47k
2018: €22k 2019: €32k 2020: €27k 2021: €20k 2022: €17k 2023: €47k
2018 → 2024
Working capital
€59k▼ 29.4%
2023 · €83k
2018: €58k 2019: €69k 2020: €65k 2021: €85k 2022: €80k 2023: €83k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€149k-€160k▲ 7.6%€154k▼ 3.8%€186k▲ 20.4%€205k▲ 10.4%
Operating result€24k-€32k▲ 33.4%€25k▼ 24.1%€71k▲ 188%€85k▲ 20.1%
Net result€27k-€20k▼ 24.1%€17k▼ 15.6%€47k▲ 178%€56k▲ 18.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €24k€24kNet result 2020: €27k€27kOperating result 2021: €32k€32kNet result 2021: €20k€20kOperating result 2022: €25k€25kNet result 2022: €17k€17kOperating result 2023: €71k€71kNet result 2023: €47k€47kOperating result 2024: €85k€85kNet result 2024: €56k€56k20202021202220232024€0€25k€50k€75kOperating result 2022: €25k€25kNet result 2022: €17k€17kOperating result 2023: €71k€71kNet result 2023: €47k€47kOperating result 2024: €85k€85kNet result 2024: €56k€56k202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 20% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315k
Fixed assets €146k ▲ 31.5%
Current assets €168k ▲ 1.5%
Equity and liabilities €315k
Equity €205k ▲ 10.4%
Debt €110k ▲ 20.0%
Debt's share of the balance-sheet total rises from 33.0% to 34.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€112k
2023 · €94k
Cash flow
€83k
2023 · €70k
Current ratio
1.54
2023 · 2.01
Debt to equity
0.53
2023 · 0.49
ROE
27.4%
2023 · 25.5%
ROA
17.9%
2023 · 17.1%
Interest coverage
390.67
2023 · 395.39
Debt ≤ 1 year
€110k
2023 · €83k
Debt > 1 year
€0
2023 · €2k
Income taxes
€30k
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€277k€315k
Fixed assets21/28€111k€146k
Tangible fixed assets22/27€111k€146k
Land and buildings22€87k€91k
Plant, machinery and equipment23€5k€4k
Furniture and vehicles24€20k€51k
Current assets29/58€166k€168k
Stocks and contracts in progress3€5k€0
Contracts in progress37€5k€0
Amounts receivable within one year40/41€67k€55k
Trade receivables40€60k€55k
Other amounts receivable41€7k€0
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€77k€102k
Deferred charges and accrued income490/1€6k€2k
Equity and liabilities
Total equity and liabilities10/49€277k€315k
Equity10/15€186k€205k
Contributions10/11€19k€12k
Reserves13€163k€193k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€20k€20k=
Distributable reserves133€143k€173k
Profit (loss) carried forward14€4k€0
Amounts payable17/49€91k€110k
Amounts payable after more than one year17€2k€0
Financial debts170/4€2k€0
Amounts payable within one year42/48€83k€110k
Current portion of amounts payable after more than one year42€7k€2k
Trade debts44€24k€46k
Suppliers440/4€24k€46k
Taxes, remuneration and social security45€30k€25k
Taxes450/3€27k€25k
Remuneration and social security454/9€3k€0
Other amounts payable47/48€22k€37k
Accrued charges and deferred income492/3€7k€0
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€27k
Other operating charges640/8€2k€1k
Gross operating margin9900€96k€113k
Operating profit (loss)9901€71k€85k
Financial income75/76B€40€2k
Recurring financial income75€40€28
Non-recurring financial income76B-€2k
Financial charges65/66B€237€286
Recurring financial charges65€237€286
Profit (loss) for the period before taxes9903€71k€87k
Income taxes67/77€23k€30k
Profit (loss) for the period9904€47k€56k
Profit (loss) for the period to be appropriated9905€47k€56k
Appropriation of the result
Profit (loss) to be appropriated9906€51k€60k
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer from equity791/2€22k€31k
Transfer to equity691/2€47k€60k
To other reserves6921€47k€60k
Profit to be distributed694/7€22k€31k
Return on contributions (dividend)694€22k€31k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €56k ▲18.6%
Operating result €85k, net result €56k, both a record.
31-12
Financial Equity above €200kEq €205k ▲10.4%
7 profitable years in a row build equity to €205k.
13-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Weakest financial yearnet €17k ▼15.6%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €150kEq €160k ▲7.6%
4 profitable years in a row build equity to €160k.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €123k ▲33.2%
2 profitable years in a row build equity to €123k.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
16-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Molenwal(Odk) 28670 Koksijde
Ground area
606 m²
Building footprint
195 m²
Volume, LiDAR
985 m³
Parcel 38502E0203/00C000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38502E0203/00C000 Flanders 606 m² 1 · 195 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

967600SX35TG4JAY7T93
live in the LEI register

Similar companies · same sector, comparable size

Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.